Cytodyn Inc (CYDY)

[fred198484]

One has to assume something is up since there has not been a news announcement that would encourage warrant holders to convert. Why put that plan forward if there was not going to be news to make it an easy choice to convert?

The question now is did something go amiss with the good news they were hoping to announce or is something positive on the buyout or partnership front happening that would bring the company more money if the warrants were not converted now. The latter would be unusually good news and that has not been the trend with CYDY. But one never knows. All I can say is something either very bad or every good may be about to happen. The bad would be bad combo results, no cash and no way to raise any more, and then bankruptcy. The good would be good combo results, a partnership of some magnitude or a buyout. I suppose there is a possibility of good combo results and an extended warrant conversion period but it is not clear to me the company has the cash to get to that point.